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Hard money loans are an alternative to traditional loans. Instead of basing the amount of money lent to a borrower on their credit score, hard money loans are based on the borrower’s property. Even though this alternative style of loan is helpful and beneficial to lending and borrowing parties, it can still cause difficulties. Learn how to make hard money work for investors by continuing on with this blog post.

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Hard money loans serve a specific segment of property owners and buyers, and like other forms of financing, they are not perfect for anyone. There are many myths about hard money financing which may keep some people away from them, when they may benefit from this type of transaction. Let’s review some of these myths and the truths about them:

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Many investors today find properties which are an excellent investment but are unable to secure financing due to poor credit scores. If your credit is preventing you from obtaining the money you need, perhaps you should rethink your strategy and obtain your financing from the AHL Hard Money Network. Our investment network is ready to provide financing based on the concept of using equity to secure the financing.

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When traditional financing is not an option, hard money loans are. Traditional finances evaluate an individual’s credit and borrowing history to determine if they are approved for a loan or not. Sometimes an individual doesn’t have credit, or their credit history is poor. If you are in a circumstance like this, get the loan you deserve with a hard money loan.

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*We do not issue approvals. We are a marketing and lead portal. You will be contacted directly by our private investors. They will call you directly to determine the value and equity in your home and to help you throughout the approval process. Each inquiry is on a case by case basis. Thank you.

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